NIFTY Options Trading by RAJ

[Relish]

EOD OI showing different view: Pic show OI @ 3:17 9000CE almost lost 10lac OI but 8500PE only 60000 by EOD OI. But Maximum pain also changed from 8900 to 8800

Does it means sideways movement will starts now or

Looks sideways movement will starts to eat premium. Expert advice needed

 

[angira]

Today 10-MAR. as per OptionData

NIFTY:-

Trend Weak Bull
MAX_OI @ 8500-9000
MAX_CHG_OI @ 8700-8800

APR'15 series:

Trend Strong Bull
MAX_OI @ 8000-9500
MAX_CHG_OI @ 8100-9200

angira...

 

[soumanag]

NIFTY may test 8700 today. Expecting a short term bounce back since there is some PUT OI build up and addition @8700. If this is broken then next target will be 8500.... bears still in control.
If VIX is to revert to its average value (18-24), nearly 12% increase, then there is substantial downside since it is inversely correlated with NIFTY. Yesterday it jumped nearly 10% and markets fell by nearly 2%. So another 150 - 200 pt correction in NIFTY is on the cards!! Comments / advise by seniors will be very much appreciated...

 

[healthraj]

NIFTY may test 8700 today. Expecting a short term bounce back since there is some PUT OI build up and addition @8700. If this is broken then next target will be 8500.... bears still in control.
If VIX is to revert to its average value (18-24), nearly 12% increase, then there is substantial downside since it is inversely correlated with NIFTY. Yesterday it jumped nearly 10% and markets fell by nearly 2%. So another 150 - 200 pt correction in NIFTY is on the cards!! Comments / advise by seniors will be very much appreciated...

Yes, As per Weekly chart and MAX OI 8500 is the Target.

 

[angira]

Today 11-MAR. as per OptionData

NIFTY:-

Trend Strong Bull
MAX_OI @ 8500-9000
MAX_CHG_OI @ 8600-8800

APR'15 series:

Trend Weak Bull
MAX_OI @ 8200-9500
MAX_CHG_OI @ 8200-9400

angira..

 

[nepolian]

Today 11-MAR. as per OptionData

NIFTY:-

Trend Strong Bull
MAX_OI @ 8500-9000
MAX_CHG_OI @ 8600-8800

APR'15 series:

Trend Weak Bull
MAX_OI @ 8200-9500
MAX_CHG_OI @ 8200-9400

angira..

sir.. 8700PE has maximum change of OI i think...

8800CE-8700PE ?


Sir... I am new to Options trading... so please correct me... i am learning..

 

[nepolian]

I have Shorted..
8800CE @ 87
&
8700PE @ 89

this is my first options writing...

in past i have lost my half of the capital in buying options... actually i am scared writing options... hope i have done correct thing?

 

[soumanag]

Good battle between bulls & bears. Bulls defending 8700 & 8600 by building up on puts and bears building up on 8800. Change in OI suggests further downside. I am waiting for 18th till Fed policy commentary and till then keeping a bearish view.
Looking at the past trend FED will not change rate and market will again move to max pain point of 8800. If FED give hawkish view / in fact increase rate then god save Indian markets :lol:

 

[adg123]

I have Shorted..
8800CE @ 87
&
8700PE @ 89

this is my first options writing...

in past i have lost my half of the capital in buying options... actually i am scared writing options... hope i have done correct thing?

Me too...:thumb:

 

[traderniftyfifty]

I have Shorted..
8800CE @ 87
&
8700PE @ 89

this is my first options writing...

in past i have lost my half of the capital in buying options... actually i am scared writing options... hope i have done correct thing?

Sorry that you lost money in option trading. Did you try to find out the reason for it.
But why do you think that writing option is sure shot way of earning money. I think that writing options is a double edge sword.